My only concern is XIV, looks like it needs one more move to the downside before a breakout. Unless it can break out to the upside of this pendent today...
Even if we get another move down on XIV, it doesn't necessarily mean a lower low for SPX....
OK, guys, I'm back. I'm surprised bulls didn't make more efforts while I'm away, not good, now the volume surges, so hopefully a rebound of some kind, then we'll see.
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normally the rebound shall fail, at least it's not H1 long.
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TraderGirl wrote:Ok, got the lower low I was looking for...lets see what happens now...we could see a rebound coming soon, if not today, tomorrow...
You said that your "line in the sand" for $vix was 21.50 ??
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Anyone else thinking of this? It would be a running correction as in not good. Actually, hellish would be the word. The thing is that this is similar to the formation in the Flash Crash where it seemed to be a leading diagonal and was an ending one, if I recall correctly:
SWalsh wrote:Anyone else thinking of this? It would be a running correction as in not good. Actually, hellish would be the word. The thing is that this is similar to the formation in the Flash Crash where it seemed to be a leading diagonal and was an ending one, if I recall correctly:
As in "Nature vs. Manipulators" and 'Nature eventually always wins' ?
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"